Do I Really Need to Budget
I wrote a guest post for The Smart Investor about deciding if you need a budgetA plan showing targets for income and expenses over a fixed time period, such as a month or a year. More. Here is the start of it, to read the entire post, click here.
Budgeting is critical to your financial health, especially when you are just getting started handling your own money. A budgetA plan showing targets for income and expenses over a fixed time period, such as a month or a year. More will help you figure out whether you can afford to make big purchases – a car, a home – whether you can afford a nice vacation and whether you need to find a way to make more money. However, not everyone needs to make and stick to a budgetA plan showing targets for income and expenses over a fixed time period, such as a month or a year. More.
In this post, I’ll talk about the characteristics of people who will benefit most and least from making a budget and will provide a questionnaire you can use to help figure out . . . Read More
Susie Q is a retired property-casualty actuaryA professional who assesses and manages the risks of financial investments, insurance policies and other potentially risky ventures. Source: www.investopedia.com/terms/a/actuary.asp More and mother of two adult children. As her children were moving from their teens into their 20s, she found she was frequently a resource on many, many financial decisions and she had insights and information she could provide to them. She spent a significant portion of my career building statistical models of all of the financial risks of an insurance company and interpreting their findings to help senior management make better financial decisions. She is the primary author at Financial IQ by Susie Q and volunteers with other organizations related to financial education.